PLUMAS BANCORP (PLBC) Stock Technical Analysis
NASDAQ:PLBC - Nasdaq - US7292731020 - Common Stock - Currency: USD
Overall PLBC gets a technical rating of 1 out of 10. PLBC has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
PLBC is part of the Banks industry. There are 396 other stocks in this industry, of which 78% are performing better than PLBC.
In the last month PLBC has a been trading in the 41.21 - 49.47 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
Warning: PLBC has an average volume of 12196 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
When comparing the performance of all stocks over the past year, PLBC turns out to be only a medium performer in the overall market: it outperformed 42% of all stocks.
PLBC is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so PLBC is lagging the market.
The technical rating of PLBC is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
33.17
48.68
2 important support areas can be observed.
- A support zone ranging from 39.30 to 40.79. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @33.50 from a horizontal line in the weekly time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 42.41 to 42.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 43.82 to 44.73. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 46.93 to 48.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for PLBC is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PLBC is down. |
| ChartMill Relative Strength | 42.65 | NEUTRAL | PLBC is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PLBC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PLBC is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of PLBC is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 39.25 | NEUTRAL | The RSI value for PLBC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.47 | NEGATIVE | The MACD value suggests PLBC has a negative trend. |
| Stochastics (14,3) | 4.63 | OVERSOLD | The low Stochastics value suggests PLBC may be oversold. |
| Average True Range in percent/ATR (20) | 3.42 | MEDIUM VOLATILITY | The ATR as a percentage value for PLBC suggests some volalility. |
| Average Directional Index/ADX (14) | 16.93 | NEGATIVE | The low ADX value for PLBC suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
42.09
+0.1 (+0.24%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg0.24%
1 Week-7.8%
2 Weeks-11.39%
1 Month-0.57%
3 Month2.46%
6 Month-10.33%
12 Month3.57%
2 Year16.34%
3 Year37.1%
5 Year101.68%
10 Year362.02%
15 Year1236.19%
Volatility
ATR(14)1.49
ATR(20)%3.42%
ATR Inc-29.41%
Range Today0.56
ADR(20)1.34
ADR(20)%3.18%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS42.65
Mansfield-1.07
10 Day High47.72
10 Day Low41.8
20 Day High49.47
20 Day Low41.21
52 Week High51.33
52 Week Low35.76
CS1 End40.79
CR1 Start42.41
Volume & EV
DER(3)-7.08%
DER(5)-3.75%
Volume13.70K
Volume Incr35.81%
Vol(5)20.10K
Vol(50)12.20K